Totally Agree Swingingpig
It’s a Small Capital Raise - 5M
Just enough for 2 - 3 quarters / until MRE is released. I believe NST is waiting for NXM to show them the money.
If NST choose to sell its Leonora interests in that time I suspect Genesis, who is a possible buyer after a merger with St Barbara?, would be just as interested in NXM.
NST recently took a stake in a Genesis CR.
NST is positioning / giving itself plenty of options IMO.
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